Tighten Accounting Controls

A financial control system gets results by connecting material risks, clear ownership, useful evidence, and performance metrics to better financial decisions.

Do you know how much business capital your company needs to fuel your growth? Balance debt and equity to optimize your financial management.

Learn how cost accounting classifies direct, indirect, fixed, variable, and mixed costs to support planning, control, budgeting, and resource decisions.

Financial internal controls often fail at the handoffs between accounting cycles. Sales books the order, operations fulfills it, finance reports it, and someone must verify the numbers along the way. A practical control framework therefore has to cover the ten core accounting cycles that make up the accounting body of knowledge. Each financial cycle focuses […]

Do you understand how accounting policies and procedures connect accounting rules, software workflows, source documents, and internal controls into one accounting management system?

SOX accounting policies and procedures define targets, repeatable accounting steps, and internal controls that support accurate financial reporting and improvement.

By adopting policies and procedures, organizations can reduce process variability, improve control, and decide whether a process is ballistic, controlled, or adaptive.

Accounting systems group transactions into revenue, purchase, payroll, and general journal cycles, then post those entries to ledgers and the general ledger for reporting and control.

Sarbanes-Oxley (SOX) requires an internal control system. Yet recent financial crises show the needed internal controls are not effectively implemented in many companies.